Ideas to Action:

Independent research for global prosperity

Public Event

Demonetization, Digital Identity and Universal Basic Income – How Big Ideas Are Changing India and What It Means for the World

Tuesday, April 18, 2017 - 9:30am to 11:00am


Arvind Subramanian, Chief Economic Adviser, Government of India


Annie Lowrey, Contributing Editor, The Atlantic

According to The Economist, India's proposal to give every citizen a cash transfer using the digital platform Aadhar could reduce absolute poverty from 22 percent to 0.5 percent. For a country that is home to a third of the world's poor, could Universal Basic Income (UBI) fundamentally change the picture of poverty, health and well-being in India and the world?

At the same time, removing 86 percent of the cash circulating in a cash-heavy economy had a sudden, negative impact on India’s growth rate. Almost six months – and a major regional election – later what are the lasting effects of demonetization? Is a cashless society in the future?

The architect of India’s annual Economic Survey, Chief Economic Adviser Arvind Subramanian - a CGD senior fellow currently on leave – returns to the Center to discuss the big policy ideas making a dramatic mark on India’s economy, and what they could mean for the world.

Related Experts

Photo of Arvind Subramanian
Senior Fellow (on leave)
Photo of Justin Sandefur
Senior Fellow

Not able to attend in-person? Sign-up to receive a reminder to watch the webcast. The event will stream live and be available after on this page.

Tuesday, April 18
9:30- 11:00 a.m.

Coffee and a light breakfast will be available.